Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Modi Naturals Ltd
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 110 | 84 | 92 | 104 | 120 | 148 | 147 | 179 | 190 | 155 | 147 | 174 | 243 |
| Expenses + | 113 | 81 | 90 | 106 | 114 | 134 | 133 | 166 | 174 | 137 | 132 | 158 | 219 |
| Operating Profit | -2 | 2 | 2 | -1 | 6 | 13 | 13 | 13 | 16 | 18 | 15 | 16 | 24 |
| OPM % | -2% | 3% | 2% | -1% | 5% | 9% | 9% | 7% | 8% | 11% | 10% | 9% | 10% |
| Other Income + | 1 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 1 | 0 | 5 |
| Interest | 1 | 1 | 1 | 2 | 3 | 3 | 3 | 3 | 3 | 2 | 2 | 2 | 1 |
| Depreciation | 0 | 0 | 0 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Profit before tax | -3 | 1 | 1 | -5 | 1 | 9 | 9 | 9 | 11 | 13 | 12 | 12 | 26 |
| Tax % | -13% | 16% | 16% | -15% | 6% | 14% | 15% | 12% | 27% | 22% | 15% | 17% | 25% |
| Net Profit + | -2 | 1 | 1 | -4 | 1 | 7 | 8 | 8 | 8 | 10 | 10 | 10 | 20 |
| EPS in Rs | -1.83 | 0.62 | 0.60 | -3.15 | 0.95 | 5.61 | 5.70 | 5.88 | 6.13 | 7.88 | 7.57 | 7.55 | 14.78 |
Financials of Modi Naturals Ltd
Annual income statement trend
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Sales + | 443 | 474 | 418 | 399 | 663 | 719 |
| Expenses + | 430 | 459 | 412 | 390 | 607 | 646 |
| Operating Profit | 13 | 15 | 5 | 9 | 56 | 73 |
| OPM % | 3% | 3% | 1% | 2% | 8% | 10% |
| Other Income + | 4 | 1 | 2 | 1 | 1 | 6 |
| Interest | 1 | 2 | 4 | 7 | 12 | 8 |
| Depreciation | 1 | 1 | 2 | 4 | 8 | 8 |
| Profit before tax | 14 | 13 | 2 | -2 | 38 | 64 |
| Tax % | 25% | 28% | 42% | -21% | 18% | 21% |
| Net Profit + | 11 | 9 | 1 | -1 | 31 | 50 |
| EPS in Rs | 8.31 | 7.40 | 0.85 | -1.04 | 23.32 | 37.79 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
Financials of Modi Naturals Ltd
Capital structure and asset base
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 13 | 13 | 13 | 13 | 13 | 13 |
| Reserves | 55 | 65 | 69 | 77 | 108 | 159 |
| Borrowings + | 21 | 51 | 142 | 170 | 149 | 161 |
| Other Liabilities + | 33 | 37 | 38 | 46 | 59 | 73 |
| Total Liabilities | 121 | 165 | 263 | 306 | 330 | 407 |
| Fixed Assets + | 19 | 26 | 27 | 149 | 145 | 214 |
| CWIP | 0 | 0 | 91 | 0 | 16 | 19 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets + | 102 | 139 | 144 | 157 | 169 | 174 |
| Total Assets | 121 | 165 | 263 | 306 | 330 | 407 |
Financials of Modi Naturals Ltd
Operating, investing and financing cash movement
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 9 | -13 | -6 | -7 | 49 | 61 |
| Cash from Investing Activity + | 2 | -13 | -91 | -32 | -28 | -72 |
| Cash from Financing Activity + | -12 | 30 | 95 | 37 | -21 | 12 |
| Net Cash Flow | -1 | 4 | -2 | -2 | -0 | 2 |
| Free Cash Flow | 11 | -26 | -96 | -40 | 21 | -11 |
| CFO/OP | 87% | -63% | -35% | -65% | 90% | 96% |
Financials of Modi Naturals Ltd
Working capital efficiency and return ratios
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 17 | 15 | 17 | 25 | 26 | 24 |
| Inventory Days | 72 | 95 | 98 | 125 | 66 | 59 |
| Days Payable | 8 | 12 | 21 | 33 | 22 | 21 |
| Cash Conversion Cycle | 81 | 98 | 94 | 117 | 70 | 62 |
| Working Capital Days | 42 | 34 | 37 | 26 | 14 | 31 |
| ROCE % | 14% | 3% | 2% | 19% | 22% |